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Deep_Shah_

Good short opportunity in Tata Motors

Short
TATA MOTORS LTD. (NSE:TATAMOTORS)  
Deep_Shah_  
NSE:TATAMOTORS   TATA MOTORS LTD.
Chart Patterns Parallel Channel tatamotors short shortsetup opportunity tata auto niftyautosector
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chartpattern parallelchannel tatamotors short shortsetup opportunity tata auto niftyautosector
snapshot

Tata Motors has formed a parallel rising channel in which the stock has fallen from the top resistance. In addition to this, the stock today (16/09/2022) broke its 200D EMA and is ready for another 6/7% fall according to the setup & support of the rising channel.

One can short at:
CMP - ₹425
Target - ₹ 410 / 400 / 390
SL - ₹ 445(closing basis)


TATAMOTORS
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